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The company will deliver two modules for water and chemical injection from its yard in Egersund on the west coast of Norway, while its facility in Sandnessjøen in northern Norway will supply smaller modules and a flare boom.
Faroe Petroleum plc, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, has announced that it has executed a transaction with Suncor Energy Norge AS for the sale of a 17.5% working interest in the Fenja development located in PL586 in the Norwegian Sea.
The contract includes the construction and installation of the topside structure for the floating production, storage and offloading vessel (FPSO) to be located on the Johan Castberg field in the Barents Sea.
The three month project, which commenced in February 2018, will see TWMA provide an at source drilling waste management package at the Orlando Field in the UK northern North Sea.
The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 16/1-29 S, cf. Section 15 of the Resource Management Regulations.
Effective immediately, the contract is for two years with three one-year extension options, and includes the provision of rigging and scaffolding services on the facility, currently operating in the Pierce field.
Phase 1 of the Johan Sverdrup project continues to progress according to plan and is now close to 70% complete.
The well results will be used to precisely estimate the reserves and plan the development of the discovery, in which PGNiG Upstream Norway holds a 20% interest.
Following consolidation of the former OIS Ltd decommissioning personnel into InterMoor, the decommissioning team have added four further wells to the 128 they have successfully abandoned for Operators in the North Sea since 1996.
International specialist equipment and integrated engineering services company, Sparrows Group, has secured a three-year contract with Repsol Sinopec Resources UK Limited to provide crane management services across its operating assets in the North Sea.
Faroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A & 4S in the Norwegian North Sea (Faroe 28.3%).
According to Rystad Energy, the UK offshore oil and gas industry is stirring back to life, fuelled by a robust uptick in the number of field development projects on which operators are expected to reach a final investment decision (FID) this year.